An Auction on Placement of Azerbaijan National Bank’s Notes at BSE

Azerbaijan, Baku / Trend / On 24 October 2007 from 11:00 to 12:30 an auction on placement of notes of National Bank will be held on BSE.

The state registration number of Notes is 50104316S. The volume of the issue is AZN 60,000,000, volume put-up in auction AZN 50,000,000, face value per note AZN 200, turnover period 28 days. The maturity date is 21 November 2007.

Noncompetitive bids not exceeding 20% of the issue volume are allowed at the auction.